Platinum Equity to Acquire Solo, European Provider of Personalizable Products and Apparel
Co-President Louis Samson: Firm’s ‘approach to value creation’ makes good fit with Solo.
October 27, 2011
Greenville, SC,-- KEMET Corporation (NYSE: KEM) (the "Company"), a leading manufacturer of tantalum, ceramic, aluminum, film, paper, and electrolytic capacitors, announced today that Jacob Kotzubei has been elected to the Company's Board of Directors. On October 25, 2011, the Company's Board of Directors increased the size of the Board to nine members and elected Mr. Kotzubei to fill the resulting vacancy, placing him in the Board of Directors' Class of 2013. Mr. Kotzubei joined Platinum Equity, LLC ("Platinum Equity") in 2002 and is a Partner at the firm. Mr. Kotzubei serves as an officer ...
Read moreOctober 25, 2011
Platinum Equity portfolio company, Quark, announced today that QuarkXPress® 9.1 with App StudioTM has won the MacUser Award for Publishing Product of the Year. The annual MacUser Awards recognize the best products released each year for Apple users. In this year's publishing category QuarkXPress beat out Adobe Dreamweaver CS5.5, Adobe InDesign CS5.5 and Digital Publishing Suite, Aquafadas Digital Publishing Suite, Mag+, Nuance PDF Converter Professional 7, RapidWeaver 5, and Sandvox 2. Adam Banks, Editor of MacUser said, "The arrival of the iPad and other tablets has rapidly changed the wa...
Read moreOctober 20, 2011
Exeter, PA – Keystone Automotive Operations, Inc., the leader in distributing specialty automotive components and accessories, in coordination with its majority shareholders Platinum Equity, announced today that it has acquired NTP Distribution Inc. (NTP) is a privately held provider of quality aftermarket products, parts, and accessories for dealers in the recreational vehicle (RV) and towing industries. "This is a terrific example of how Keystone can leverage its strong logistics and distribution capabilities to offer dealers in the RV and hitching and towing industries our unique value...
Read moreOctober 03, 2011
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness business, AEES, to PKC Group. The sale transaction included cash consideration and newly issued PKC shares. AEES is one of the leading North American suppliers of wiring harness solutions to automotive original equipment manufacturers and tier-one suppliers. AEES also has operations in Brazil and Ireland. PKC is one of the leading wiring harness manufacturers for trucks in Europe and South America. “PKC is a great strategic fit for AEES with a complementary geographic footpr...
Read moreSeptember 30, 2011
Mission Hills, CA - UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems management solutions today announced that it has acquired the Boston-based international software company, iET Solutions, LLC from Platinum Equity, LLC. The acquisition underlines UNICOM's commitment to the IT Service Management (ITSM) and Software Asset Management market space for midsize and large enterprises, enabling the Company to offer innovative, state-of-the-art technology and services which complement its existing ITPowerPac® solutions which maximizes the potential of the Ope...
Read moreSeptember 15, 2011
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Education to introduce an unprecedented campaign to mobilize 4,500 San Diego County residents to pledge to volunteer with K-12 students. The "U-T Volunteer for Education" campaign will continue through the 2011-12 academic school year and includes diverse ways for residents to get involved, including classroom involvement, life and career coaching, and opportunities tailored to specific skill sets. “This campaign reflects our long-standing mission to help foster strong communit...
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